Imperial College London > Talks@ee.imperial > Featured talks > The Role of Government in Innovation: the Practice of the Hungarian Innovation Office

The Role of Government in Innovation: the Practice of the Hungarian Innovation Office

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We will challenge the widespread opinion that in the successful startup ecosystems of our age (Silicon Valley, Finland, Israel) the government’s role is confined to providing a good higher education and funding research, leaving the private sector alone. Then we will give a brief overview of some successful innovation support models for early stage companies. Turning to Hungary, we will detail how a successful technological incubator model was adapted and briefly discuss some programs of the Innovation Office such as the mentor-club, pre-commercial procurement, excellence and competitiveness contracts, and bilateral international industrial R&D programs. We will then conclude with an overview of how the EU structural and cohesion funds could be used to foster innovation in the next EU budgeting period.

Hosted by Prof Erol Gelenbe, the Dennis Gabor Professor, EEE Dept. Imperial College.

Speaker Bio: Laszló Korányi, Acting President of the National Innovation Office received an MSc in Electronic Engineering from the Budapest University of Technology, and an Economics degree from the Budapest University of Economics (Karl Marx University at that time). He also studied at the Ashridge Management College in the UK. He started his career in 1978 as a biomedical R&D engineer at the largest Hungarian medical equipment corporation, and before entering government service he founded and managed several software companies for over 15 years. He joined the National Innovation Office in 2007, also serving as Science and Technology Counsellor at the Hungarian Embassy in Tel Aviv for five years. Since August 2012, he is the Vice President for International Relations of the National Innovation Office, and since January 2013 he is also the Acting President.

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